Create Synergy and Prove the ROI of Your VMO
Create business value metrics that resonate with executives.
Develop KPIs, create business value metrics, and build strategic vendor partners.
- Vendor over-dependency and vendor quality problems were cited as two of the top three major procurement risks by 77% of companies surveyed by MIT.
- Identify areas where vendors are not performing to expectations.
- Partner with business owners to ensure they are engaged with and utilizing the vendors’ services.
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